Founded in November 1998, Tencent is currently one of the largest Internet integrated service providers in China and one of the Internet companies with the largest number of service users in China. Since its establishment more than ten years ago, Tencent has been adhering to the business philosophy of "everything based on user value" and has always been in a state of steady development. On June 16, 2004, Tencent was publicly listed on the main board of the Hong Kong Stock Exchange (stock code 700).
Enhancing the quality of human life through internet services is Tencent’s mission. Currently, Tencent regards providing users with "one-stop online life services" as its strategic goal, providing Internet value-added services, mobile and telecommunications value-added services and online advertising services. Through China’s leading online platforms such as instant messaging QQ, Tencent Network (QQ.com), Tencent Games, QQ Space, Wireless Portal, Soso, Paipai, and Tenpay, Tencent has built the largest online community in China to meet the needs of Internet users in communication, information, entertainment, and e-commerce. As of September 30, 2011, the number of active accounts on QQ instant messaging reached 711.70 million, and the highest number of simultaneous online accounts reached 145.40 million. The development of Tencent has profoundly affected and changed the communication methods and living habits of hundreds of millions of Internet users, and opened up broader application prospects for China’s Internet industry.
Facing the future, insisting on independent innovation and establishing a national brand is Tencent’s long-term development plan. At present, more than 50% of Tencent’s employees are R & D personnel. Tencent has a considerable number of patent applications in instant communication, e-commerce, online payment, search engine, information security and games. In 2007, Tencent invested over 100 million yuan to establish the first research institute of China’s Internet in Beijing, Shanghai and Shenzhen, to conduct independent research and development of core basic technologies of the Internet, and is gradually embarking on the road of independent innovation of national industry development.
To become the most respected Internet company is Tencent’s long-term goal. Tencent has been actively participating in public welfare undertakings, striving to assume corporate social responsibility, and promoting Internet civilization. In 2006, Tencent established the first charity foundation in China’s Internet, the Tencent Charity Foundation, and established Tencent Charity Network (gongyi.qq.com), focusing on assisting youth education, development in poverty-stricken areas, caring for disadvantaged groups, and disaster relief and poverty alleviation work. At present, Tencent has carried out a number of public welfare projects across the country, actively practicing corporate citizenship and contributing to the construction of a "harmonious society".
Vision:
The most respected internet company.
Mission:
Improve the quality of human life through internet services.
Values:
Integrity, enterprising, cooperation, innovation.
Business philosophy:
Everything is based on user value.
Management philosophy:
Caring about employee growth.
Corporate Strategy
Tencent takes "providing users with one-stop online life services" as its strategic goal, and has completed its business layout based on this. It has built four major online platforms: QQ, Tencent, QQ Games and Paipai, forming the largest online community in China.
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